Category: Exploration and Development

San Marco CEO Christian Grijalva stated: “We’re very pleased to announce the start of a maiden drilling program at our Chunibas property. Chunibas represents a typical volcanic-hosted copper-silver stratiform system which was previously unexplored. This kind of mineralization was also previously unknown to Mexico and represents a very unique exploration endeavour. The drilling campaign will target higher-grade areas to confirm down-dip and strike extensions.”

The Company has designed a drill program aimed at the dual purpose of resource expansion along the immediate extensions of the La Cigarra deposit and at outlining the scope of that potential. There are four target areas identified where the Company believes there is untested potential to increase the Resource by significant amounts. The plan would entail primarily exploration step out drilling of known mineralization and some infill drilling of the successful La Borracha program earlier this year.

“San José represents one of the largest and highest-grade new vein zones we’ve found at Alamos, with grades and widths that bode well for the potential at depth and along strike. We expect to test this new target in our current drill program.” stated Darrell Rader, President and CEO of Minaurum.

El 31 de octubre de octubre del 2018 en el Hotel Camino Real de la Ciudad de México se realizó el Foro “Los Retos de la Minería Mexicana”, evento organizado por la Asociación de Ingenieros de Minas, Metalurgistas y Geólogos de México (AIMMGM). Ante una audiencia integrada por representantes de los sectores público y privado de la industria minera mexicana se hizo una exposición amplia y detallada del estado que guarda el sector. Como invitado especial al Foro acudió el M.C. Francisco Quiroga, próximo Subsecretario de Minería, nombrado por el Presidente Electo de México, Lic. Andrés Manuel López Obrador.

Alamos Gold, Inc. informa que debido al abatimiento de las reservas minerales en su unidad minera “El Chanate”, a partir del mes de noviembre se da por concluida la extracción de mineral, continuando en el mediano plazo con la producción de oro únicamente mediante el proceso de lixiviación en patios. En sus 12 años de operación, la mina El Chanate extrajo una cantidad importante de toneladas, alcanzando a esta fecha 690,000 onzas de oro y más de un millón de onzas de plata producidas.

“The Phase 1 program at the Santana gold project has been an overwhelming success” state Darren Koningen, CEO of Minera Alamos.

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “We continue to de-risk Las Chispas with the startup of closely-spaced in-fill drilling for the Babicanora Vein, including the high-grade Area 51 zone. By announcing our best drill hole intercept to date suggests that significant additional potential could be discovered at Las Chispas. Furthermore, we are intercepting high-grade vein mineralization within 5 to 10 metres of our projected target, which helps to increase our confidence in vein location and continuity. “